I'm also new to the community and to the world of real estate investing.

None of that is the end of the world, except in many cases, the scope of repairs goes well beyond what is necessary to make the homes livable and in even more cases, the cost of repairs + purchase exceeds the ARV.

I can help you find a good home with no problem l, but you can't use close out price and new I the same sentence. new construction does cost since cost to build is up but you can find a new home for the price of an old home easily

Amazingly I've been able to travel the US and the world while holding a full-time job.

I’m new to the real estate world.

Main items of work are ripping out all old carpet, intalling wood laminate in place, installing a shower, and interior painting; possibly a kitchen counter or two.

I’m a 42 year old stay at home mom, my husband works hard and travels a ton.

I am 24 years old currently making 35k a year living in New Jersey.

@John Leavelle - I know this is an old post - but may I ask why you run the 1% rule on the purchase price of the distressed property?

Hello, Starting out in the real estate investing world by getting into wholesaling.